Xunlei Limited (XNET)
Xunlei Limited operates in the Advertising Agencies industry of the Communication Services sector, headquartered in Shenzhen, GD, CN. The stock last traded at $4.94, down 1.98% on the session, giving a market capitalisation of $62.1M. On trailing twelve-month figures it carries a trailing P/E of 0.07, a net margin of 185.6%. Its beta of 1.15 implies it has historically moved more than the broad market.
Xunlei Limited, along with its affiliated entities, operates an internet-based ecosystem for digital media content within the People's Republic of China. This platform leverages cloud technology to empower users to effortlessly access, store, organize, and consume various forms of digital media. Key offerings include a suite of acceleration services: the flagship Xunlei Accelerator dramatically speeds up digital data transmission over the internet, while a dedicated mobile acceleration plug-in improves download speeds and reliability for mobile device users. Premium cloud acceleration subscription services, such as 'Green Channel,' provide advanced benefits. Beyond speed enhancement, Xunlei facilitates digital media consumption through its Mobile Xunlei application, allowing users to discover, download, and experience content on their mobile devices. The Xunlei Media Player supports both online and offline playback, uniquely enabling content viewing even while it's still being downloaded via the Accelerator. Further diversifying its portfolio, the company engages in online gaming (available through both web and mobile platforms), offers live video streaming, provides online advertising solutions, and delivers cloud computing as well as various other internet value-added services. Established in 2003 and headquartered in Shenzhen, People's Republic of China, Xunlei Limited adopted its current name in January 2011, having previously operated as Giganology Limited.
Xunlei Limited is most often compared with the following Communication Services names: